Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
4 LOWER ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £290,000 in October 2006, which was around 3% below the average October 2006 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 4 LOWER ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. One of the two 4 LOWER ROAD sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2006 12 OCT | £290,000 | £299,216 | 3% below HPI |
2002 4 DEC | £220,000 | £213,958 | 3% above HPI |
The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The two 4 LOWER ROAD sales from December 2002 and October 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2006 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
4 LOWER ROAD is 112m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 4 LOWER ROAD lies on this distribution: 48% of detached houses are smaller than 4 LOWER ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
4 LOWER ROAD sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of 4 LOWER ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 LOWER ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
4 LOWER ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 4 on LOWER ROAD.